Senco Gold has significant re-rating scope. It is trading at a 45-55% discount to Titan/Kalyan

Senco Gold has significant re-rating scope. It is trading at a 45-55% discount to Titan/Kalyan & at ~25% discount to P N Gadgil. Given the strong execution & growth prospects the steep discount is unwarranted. Buy for TP ₹1600 (+14%)